Knowledge Library

Take our 30+ year heritage in tax incentive and innovation management, add the combined academic and industry credentials of our in-house experts & advisers, and you arrive at a wealth of knowledge, which we're happy to share with you here. Shed a little light on the world of innovation funding...

R&D Tax Relief in the Toys Industry Sector

The UK is the largest toy market in Europe. From an R&D perspective, the toy sector supply chain is a rich and diverse field. ABGI is here to help the vast range of toy and hobby sector businesses produce a significant R&D tax relief claim.

Innovate your way to business recovery – Full Guide

Going forward, securing funding to maintain or kickstart innovation will be critical to businesses across the UK, and this is where government- backed R&D tax incentives could create a crucial financial boost, through a tax repayment on funds spent on innovation projects.

Innovate your way to business recovery: #5 The Opportunities of Advanced Manufacturing

At a time when businesses across the globe are grappling with unprecedented challenges, we must all become more agile and innovative to minimise the potential impact of the unpredictable or indeed turn difficult circumstances to our advantage.

Innovate your way to business recovery: #4 Digitisation and competitiveness

At a time when businesses across the UK are grappling with unprecedented challenges, the advice from business visionaries and leaders alike is that: “digital transformation is the key to mitigating the disruption and building future resilience.”

Innovate your way to business recovery: #3 Case Studies of Successful Process Innovation Projects

Investment to promote greater competitiveness is more critical than ever as we embrace economic recovery. While funds will be tight, a focus on greater innovation will be essential for many businesses’ survival.

Innovate your way to business recovery: #2 Funding through the Innovation Project Lifecycle

In this challenging and uncertain economic climate, investing in innovation is an invaluable way for businesses to build resilience.

Innovate your way to business recovery: #1 Modernise your business to accelerate growth

The last few months have been devastating to a huge number of businesses, but we have also seen REAL innovation - both out of necessity and responding to opportunity.

What makes a great partnership?

At a time when businesses across the UK are looking to get back into work, trade associations and membership organisations will be focused on supporting their members. All sorts of commercial organisations will be looking to do a deal to have access to those members, to offer them products and services.

Avoiding HMRC R&D tax relief enquiry

HMRC enquiry rates are rising and, if not handled properly, could damage your business. Questions can be detailed, requests can be onerous and the potentially lengthy process could be costly to you and your business in a number of areas.

IP Strategy and Business Success – webinar

Whilst businesses across the UK are continuing to deal with the devastating impact of Covid-19, eyes have now started to turn to the future, moving from crisis management to planning for business recovery.

Unusual places to find eligibility for R&D tax relief

Not all R&D is done in laboratories by people in white coats...This misconception is preventing thousands of businesses in the UK from making R&D tax relief claims; from bakers to bagpipe makers, software developers to textile manufacturers, R&D can be found anywhere that technical challenges arise.

Two minute tips on Patent Box

The Patent Box is a Government scheme through HMRC that provides UK companies that hold qualifying IP rights or an exclusive IP license, and receive relevant IP income, the opportunity to benefit from a reduced rate of corporation tax on relevant profits.

Get cash into your business now with Government tax reliefs – webinar

With one in four businesses (25%) having temporarily closed or paused trading and the remaining businesses (still trading) furloughing 21% of their staff, getting cash into your business has never been more critical.
patent box schematic

5 facts about Patent Box you can’t afford to ignore

Patent Box is part of the Government’s range of incentives to encourage companies like yours to innovate and maintain the UK’s world-leading position in many sectors by incentivising them to commercialise their patents and R&D in the UK.

Understanding HMRC’s guidelines

The HMRC guidelines for what constitutes R&D are extensive... but not always clear!

The Results of Innovation

Could your product improvement projects be eligible for innovation funding?

4 pitfalls to avoid when making an R&D tax relief claim

Year on year, as more businesses become aware of their eligibility, the number of R&D tax credit claims is steadily increasing.

Why construction companies are losing out on R&D tax credits payouts

Latest figures from HMRC show that more than 45,045 SME claims and 7,285 RDEC claims were made across the UK totalling £4.4bn in tax relief.

Already claiming R&D tax relief – What should you be looking out for?

Research has shown that the majority of businesses under-claim R&D tax credits due to their lack of knowledge of the tax scheme and inability to relate their technical projects and activities to HMRC’s strict guidelines.

R&D tax relief conditions to be satisfied for water technology companies

Water efficiency is becoming an issue for many industries, with retailers and producers looking at ways of improving the way they utilise their resources. Better waste management not only protects the environment, but it also saves money.

Tops tips to maximise your innovation funding results

So, you’re already claiming R&D tax credits and doing a pretty good job of it, but what if you could maximise your results?

Why you should be claiming R&D tax relief

If you are a company where you have people and costs associated with project activities aimed at advancing what you do, then you could be eligible for R&D tax credits.

Unlock the hidden cash in pump and valves projects with R&D tax credits

Innovations in material technology and electronics, together with improvements to manufacturing processes has enabled the industry to develop in recent years.
engineering gears macro

R&D tax relief conditions to be satisfied for engineering companies

You might be developing tools to support safe well intervention in the oil & gas sector. Perhaps you machine complex profiled components from exotic materials within advanced engineering industries, such as aerospace or automotive.

7 common myths about R&D tax credits

We all love a good myth, particularly mythical creatures, and especially unicorns!
accountancy sheet and magnifying glass

Why do some R&D tax claims go wrong?

HMRC has a responsibility to ensure that individuals and businesses are paying the correct amount of tax and claim the correct amount of tax benefits, and this applies to R&D tax claims too.

April fool

Don’t be a fool and fall for any of these myths about R&D tax credits! Read below where we separate fact from R&D fiction.

The result of innovation: making things lighter

light as a feather but strong as steel.

The result of innovation: making things greener

"Sustainability" is the 21st Century's response to "Total Quality Management"

The results of innovation: Making things go faster

Manufacturing at double the speed.

15 best practices to manage and finance innovation

"To innovate is easy. The difficulty is to transform an innovation into real business." This quote from Michael Dell, founder of Dell, sums up the biggest challenge facing innovators in the 21st century. In a context of globalized competition, digital revolution and accelerated product life cycles, innovation is no longer an option but a pre-requisite to remaining competitive.

KTP and R&D Tax Credits

More and more companies are discovering that with a little help from schemes such as Knowledge Transfer Partnerships (KTP) and R&D tax relief, they can realise the full potential of R&D opportunities to create innovative products and services that will help their business grow.
grant money coins

Detox your business with the right innovation funding solution

Finding the right funding solutions to accelerate and fund your innovation could be the much-needed tonic for your business...
electrical circuit board

Ultimate guide to R&D tax relief for digital and tech companies

There is no substitute for experience when it comes to a successful R&D tax relief claim.
risk assurance

R&D tax relief claims. What’s the risk?

There were over 48,630 R&D tax credit claims in the UK for FYE 2018 (so far); it's anybody's guess as to how many of them were correct?

Games and R&D Tax Relief

There's nearly £3bn in R&D tax credits to be won.

Turn software development challenges into financial help

Case studies of software development challenges that qualify for R&D tax relief.

R&D tax relief case studies – examples of successful and unsuccessful projects

We ask Innovation Funding Consultant Karen Baker, PhD for examples on what makes a project successful for R&D relief.

The results of innovation: Making things smaller

There is no doubt British companies which have been involved in R&D and those which turn out to be hugely successful are linked.